An easy way to convert Mod/Tod video to regular video

Anyone who has purchased a JVC Everio HDD video camera has probably learned that they chose to use some god forsaken proprietary video format - the .MOD extension.
Apparently this is some sort of MPEG2 encoding, however, most major video editing suites prefer not to accept this format… what we need is something more common… such as .AVI or .MPG. I would be happy with the .MOD file format if the software that came with the JVC Everio actually worked.
I have tried many video converters software with no luck so far, it’ll get halfway through the process, and then something will fail.
Now a type of converter called http://...